Bitcoin is gradually losing market value. At the start of this year, Bitcoin commanded about 70% of the total cryptocurrency market but with the continued surge of ethereum that has dropped to about 47%.
Earlier this week ethereum got to its all-time high after reaching 3,000 and it quickly got to 3200 yesterday which amount to 15% of the crypto market. Ethereum is giving bitcoin a hard chase as it is gradually dropping the market value of BTC. This is expected to continue as many investors are flooding to ethereum.
I have an investment in this market at a fair equilibrium level, from the moment I bought it I had a plan to divide the amount of money over the cryptocurrencies I hold. And partly BTC and ETH as it is the leading coin and the future for the whole market, although there may be short-term fluctuations in price between the two, but they are both making a profit. It's huge for me right now, and I don't feel too anxious for an upcoming correction if it persists. If you are ready and you anticiapte whatever the market will comes up, the chance that you wont' do anything to harmed your investment is very possible, as long as you really taking time to learn more about this venue of investment, you always that chance to grow, corrections is real and you need to make a good sets of plans to make sure that you are capable of waiting and holding your assets. |
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Well of course there are many scam coins on pancakeswap, it's a decentralized exchange so any coins can list there.
The only way to prevent you to SCAME is do your own research the Project, know their Product, what are the use cases of the Coin.
Check liquidity. development of platforms and also smart contracts. This is an essential or basic thing if you are interested in buying altcoins that are listed on the Pancake. because there are hundreds of tokens that are indicated as scam. There have been many cases of people being scammed as a result of them getting caught up in the high hype when people say they will experience a high rise. if the price is over priced, don't force it to buy if you are not ready for the risk Always update yourself with the current market movements, you'll be able to know the project if you are updated and not just following the hypes. Most of those who failed doing their research are mostly the victims of scammers, they use alluring offers to get the attentions of those traders and investors to participate and also invest their money to shit projects that leads them to ends up losing their money. |
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If you're thinking to put your money for the long term investment, the current price si verry cheap and i'm sure we can't see this price again in the near future especially when ETH 2.0 release. But if you're thinking just for the short term, i think ethereum isn't your choice.
I also see that point from OP that fear will hurt your trading business, if you are unsure and not knowledgable enough in regards to your chosen assets better to review and research for more,. ETH is good for both lng and short term trade only if you know and understand what you're doing, if you are hesitant then better not to do anything just continue observing the market first before deciding. |
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It is almost impossible for any altcoin to replace bitcoin. If you stated that any altcoin to offer the better features than bitcoin, i would agree. But for any altcoin to replace bitcoin, that is totally impossible.
There are many alts who do offer much better service than bitcoin, particularly with transfer fees and transfer rate, but in terms of usages bitcoin still on top as it was the first crypto that being recognize and that advantage are hard being replaced, surpassing bitcoin needs a lots of money to flow in any alternative coin that will attempt to replace it. |
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I will define rich as been able to conveniently without any stress provide for your basic need of life. When you have money and properties accrued to you. This is just the presence of money, this is synonymous to be wealthy.
When you already have comfortable life and you are able to spare extra money without having any problem or having any difficulty in expecting to cover it back. Being rich hs itself definition, there are different kind of opinions from different types of person, you have your own view about it as everyone have their own. |
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It’s the best financial advice, covid is the marketing keyword to remind you, if you don’t spend every last penny in the wallet, you can never have a chance to spend that again. Spend until you drop you plebs!
Theres a lot of ways to invest our money but its not right to say that if not spent to investment is there no chance. It's will deoend how to manage it and where we put it.Be more practical not all good to spend and invest their money so be more responsible. Market or trading is risk so be more aware for every we go thru it comes to investment. Much better to assess yourself if how you will deal with the situations, if you have good understanding in regards to the market, investing or trading are good venue to spend your money in hope that it will grow along the way. You have your own knowledge and authorities with your money better to use it wisely and not to overspent it with something that's not important. |
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100x coin? I had before, like BNB, Doge,etc...but i just had got a little profit from it and sell it. So i dont see what is the significance of looking for next 100x coins, you cant hold it till it pump 100x, it is meaningless.
You might be more on short term trading, you just mentioned those coins which really hypes up and bring a very huge profits, we don't know if after some years a new coins will show up with the same pattern, there are investors who believes in luck and they keep seeking for potential projects to invest their money, if you have good savings you can spare some to project that you think will bring you this kind of fate. |
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It is normal. People just realize the big potential in a crypto coin price improvement once they see the massive increase in a pump.
The hope that they will manage to gain good amount of compensation when they invest while pump still ongoing. Those people want to follow the success of the coin holders, so they also buy.
very bad perspective, but most of the time it happened, thinking that they'll be able to have the same fate with those who succeed to buy in the earlier stages of the project. They thought the increase in the coin value will continue, whereas after the pump will be a dump soon.
placing them in a situation where they already trapped from the peak, while the value is on the downside. A newcomer sometimes doesn't realize it, they just buy to try their luck.
This should be avoided, always investigate and always analyze before taking your step inside. |
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This is Hundred percent true that this Crypto currency changed many peoples life, now they are Millioner. Also many people still continue Earning very good amount from crypto.
I see that my friend make $33k usd in just one month from his Investment. It is too much money, now his life has totally changed.
33k USD is a lot of money to be honest especially in my country. That money could help you retire in your 30s and enjoy your life. I love that bitcoin is finally getting the attention that it deserves in the past 10 years, and I think that the prices from this point on is only going up with the continuous trend. I agree that making a profit of $ 33k from investing in cryptocurrency is a very good achievement. If I worked in the real world, $ 33k would take 2-3 years to earn. This is what makes cryptocurrency even more popular, because it can make huge profits and has succeeded in making some people rich. Moreover, the performance of cryptocurrency this year has been extraordinary, almost all coins have increased very drastically. Those people who focus their investment inside this market and really pay attention using their time and knowledge, they are now harvesting the success, there are lots of people who really enjoyed the benefits after knowing this venue of investment, it's very possible to earn decently from this field, either you go for long or you do day trading, there's always good opportunities. |
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In my opinion, a volatile market with extremely large margins like cryptocurrencies should not set a stop loss when investing in a long-term project.
Looking at ETH, the value of ETH has increased a lot if bought at $ 100 in March 2020 and it went up to $ 3,600 yesterday. If a person bought ETH for $ 500 in the past they would still have a good profit if they kept ETH up to this point. So not putting stop loss is the right choice in long-term investment. We can either leave the market to decide or buy at a lower price to average the price.
With the volatile nature of this business having this feature might hurt your investment, if you are aiming for long term and you believe that the asset that you have got a solid foundation, why bother if in some case the value falls hard, it will bounce and bring you decent profits, a very good example is ETH and BNB both assets suffered bring big corrections but look at them now, those investors last year who are still holding their coins are surely enjoying from what they are seeing now. |
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I'm not sure anyone can overtake ethereum in terms of marketcap. Cardano is one of my favorites, but I'm not sure Cardano can overtake ETH and I'm sure that when ETH 2.0 releases the results will be pretty amazing and could see Ethereum's price surge more than 2 times in short time.
Hard to conclude since both are good projects but with the developments and success it's still far from being made, ETH are way far from ADA since a lots of supproters who continue to backup ETH and with the incoming updates, where most of are expecting for much cheaper fees. Surpassing ETH would be a tough task to every alts that are competing around. |
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Most of your mentioned coins/tokens have already increased a lot. So there is less chance to pump again. So I think we should find other coins for investing. Which can give us atleast 15% profit.  We do not know for sure about that because the price can get another rally and get more pumps in the future and he can wait for that moment. He can sell his coins/tokens when the price surge higher and not wait for the next high price. But after the coins/tokens get a pump before, the price will go down for a while and if the supports come again, the price will start to rally and reach the next high price. If we can act based on the market situations, we will have a chance to profit. If you do understand the full market cycle the chance are high to gained good amount of profits, the principle of buying low and selling high, with rinsing every opportunities to buy your assets at it's best price, though there are many different kinds of strategy coming from different types of investors and traders, what's always best is you understand what you are doing and you act accoding to your plans. |
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Elon Musk must consider his own interests. He's always aiming for new projects, and necessary a lot of money for this projects.
For sure, it's indeed about money and how will he take decent amount of profits coming from the projects that he's promoting. Many small investors currently have high costs, especially for DOGE.
They are trying to catch up and make a nice profits, it's a risk but once being done successfully the benefits is huge. I think Elon Musk will attract his investments in DOGE at the first opportunity and many people will suffer losses  needs to take this up seriously, as there's a high chance to lose your entire investment once the party is over. |
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if paypal is really going to make it happen and successful, this will be a big breakthrough for the crypto world, because if a company as big as paypal succeeds in implementing crypto technology to develop its company then it is likely that other companies will also follow in paypal footsteps
A big name inside business industry really got a good domino effects once this experiement succeed, we will expect a lot more coming from other businesses. We do understand that business personalities have a good tieup from each other, they are just waiting for whatever good results before moving forward and adopt the system.. |
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Price of this coin rise so drastically and something that went up too fast and the downfall will also be fast. If im being you, when i already got profit more than 3 times i'm gonna cash it out and turn it into another good coin.
I would hold my Doge Coins longer. With the price being around 0.60 at the moment there is still so much room to improve. People expect Doge to rise to at least $1. So until that target is reached I am not thinking about selling any of my coins. To be honest there is no real pressure to sell right now, it might take a few weeks or month until the target is reached. At the moment it seems that there are many new investors coming into the doge coin market. The longer we hold our coins, the higher the price is going to rise. There are many investors who are trying to play with the market movements, trying to outplay those big fat whales around this project, seems that they are not done yet and this target is really something to reach. if you do have good amount of money which you can save for your future goals, taking the long run and setting your target might bring better outcome. |
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Wow, you got quite a lot in the bull market, But i also grateful for what i earned in this bull market.
I think BTC will hit $60k in June or July 2021.
The price of BTC itself keep going strong and also for another top altcoins in the market.
We just need to wait and hodl for now until the price of BTC skyrocketing again.
after bitcoin has experienced a correction, now btc is in a position of $ 57k to $ 60k it may take some time for bitcoin to really recover after some time ago a drastic correction. but signals of upside are already visible at this time. No one knows what tomorrow may bring to this asset, but likewise there are chances that in the next few days if this strong run sustain it's position, $60K is no longer far, just need to have more strong hands and more people to invest to this market. With positive point of views, those invested money will make a strong barrier to continue this run.. |
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saving on bitcoin is more profitable than saving in a bank. I see the price of bitcoin from month to month and from year to year, I conclude that saving on bitcon will make us rich because the price of bitcoin tends to increase from year to year.
if saving in a bank I don't feel any more benefit than storing assets in bitcoin, in my opinion the bank is only a place to store money, not to make us rich like bitcoin.
Considering the timing, if you do invest with Bitcoin last year you'll see the huge profits that you'll going to take now, compared with banks time deposit where you can only get smaller than 10% of your initial investment. though risk is the factor why institutional investors mostly choose to put their savings inside bank than exploring with crypto market. |
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It looks like it is climbing again. Anyone planning to invest more in safemoon?
I have already invested what i can afford to lose. Apparently it looks Pump and Dump coin but we never know what tomorrow brings for you despite all in depth analysis. We all know Doge coin which is rated as shit coin by Majority of Analysts but it is performing and it created new Millionaires because it is sponsored by Elon Musk, Safemoon might get some sponsor the it will fly like a rocket. Safemoon will never bee like Dogecoin. First of all - because of Elon. He has become an incredibly influential person and everybody seems to love him no matter what. Other thing is, that Doge did not hide it has been mad as a joke and people seem to like it or even feel very rebellious buying it as a slap in the face. Just like the hype with gamestop shares etc. I feel Dogecoin will stay around forever just because of the two factors I mentioned. Safemoon will die, I'm sure of that. The question is, when. Without an investors who can sustained the pressure like Musk this project will forever be far from Doge. The survival comes from the people who can cater and handle all the pressures, Musk have lots of money and popularity that creates good impact to anything that he's been promoting. Be guided with more deeper study before you participate with any investment. |
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of course USDT tether is safe, USDT tether is the first stable coin in crypto, it is like bitcoin, and USDT has also been integrated with many altcoins and a variety of large exchanges to small exchanges. I myself have never experienced problems with USDT tether
With usages inside crypto exchange USDT is indeed safe, those experienced traders use this coin as good alternative when market is unfavorable to traders and investors, instead of keeping your assets while the market is falling, you can use USDT to divert your asset,. This coin gives you enough time to analyze, you won't be worrying that the value of your entire assets will fall while keeping it using USDT. |
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Crypto's lovely because it's so exciting and turbulent but if you can't learn to love the crash as much as the rally, then it's really not the industry for you, yet people just keep on coming on the train and getting disappointed when the fun part ends:)
Yeah, it is all about your patience and belief on the future of bitcoins; people who never finds time to learn about the future of bitcoins, will definitely leave this space with big disappoints only. At the same time, people who are believing into making themselves competitive will definitely go making use of all volatility of bitcoin markets in both directions. I am the one joined bitcoins for simple reasons of faucets but now adopting it with all my life's saving because God's grace I found time to learn about the potential of bitcoins. We are regularly seeing that people are always suggesting to make use of dips but whenever there is a dump in bitcoin markets, we do see only negative thoughts only. Rarely people do learn from others experiences. It's pretty amazing to think that most of us here have lived through at least one other cycle before and many more have seen even 2014 cycle and yet the lessons are still so hard to grasp for the veterans. Getting disapppointed once, okay fine, it's a lesson we all had to learn and go through on our own. But getting disappointed again and again? I don't get it:) Instead of being pissed better to continue moving forward, it's unavoidable to experienced mistakes while working inside this market, not even veterans or those experienced traders can say that they continue to make money without losing in some point, best practice is always to assess your system, keep adjusting to prevent regretting from yoru last attempts. |
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